The Greedy Trader Weekly Analysis
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- 7/17/2026 -
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Best Buy Co., Inc. (BBY) Technical Analysis

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Summary:
Weekly :Broken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range and Lane's Stochastic are strongly overboughtBroken trend resistance line
Daily :Lane's Stochastic is overboughtWilliams' Percentage Range is strongly overboughtStochastic has declined below the signal line
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It was a fourth consecutive positive week for the Best Buy Co., Inc. (BBY). During the week, the BBY gained 2.61 points, or 3.15%, and closed at 85.41 on Friday, July 17, 2026. BBY was trading at average weekly trading volume.

Long-term trend: [See BBY long-term trend chart]
A long-term downtrend had started on August 29, 2024 at 103.71 and reached 54.99 on April 9, 2025. BBY lost 48.72 points, or 46.98%, in 31 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend resistance line (55.12) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. BBY may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See BBY medium-term trend chart]
A medium-term uptrend had started on May 13, 2026 at 55.10 and reached 87.35 on July 16, 2026. BBY gained -32.25 points, or -58.53%, in 9 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend resistance line (78.51) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a medium-term trend.

Weekly Technical Indicators: [See BBY weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 22, 2026. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.

Short-term trend: [See BBY short-term trend chart]
A short-term uptrend had started on June 18, 2026 at 72.51 and reached 87.35 on July 16, 2026. BBY gained -14.84 points, or -20.47%, in 28 days. The price is now at the 13.07% retracement level.

Daily Technical Indicators: [See BBY daily technical indicators chart]
Daily Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal.

The daily MACD line is above its signal line since July 9, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 75.46
Williams' Percentage Range (W%R) 9.80
Strong Overbought
Lane's Stochastic (%D-Slow) 85.54
Overbought
Greed/Fear Indicator (GFI) 83.74
Overbought
Moving Average Converg./Diverg. (MACD) 3.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.47
Williams' Percentage Range (W%R) 4.50
Strong Overbought
Lane's Stochastic (%D-Slow) 91.21
Strong Overbought
Greed/Fear Indicator (GFI) 82.58
Overbought
Moving Average Converg./Diverg. (MACD) 0.02
Trading Signals
Description Value Chart
Upper Bollinger Band 86.49
Daily Stochastic Crossing 86.04
Price 85.41
Weekly Stochastic Crossing 84.89
Parabolic System 82.54
Weekly Trendline Resistance 79.54
20 Day Moving Average 79.31
Weekly Trendline Support 78.51
Quarterly Trendline Resistance 73.37
Lower Bollinger Band 72.80
50 Day Moving Average 71.92
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 6
Industry Computer & Electronics Retail 121
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 72.51
Low Date 06/18/2026
High 87.35
High Date 07/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Ascending Triangle
Status Broken Resistance
Resistance 79.54
Support 78.51
Low 55.10
Low Date 05/13/2026
High 87.35
High Date 07/16/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 84.99
High Date 10/27/2025
Low 55.10
Low Date 05/13/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 73.37
Support 55.12
High 103.71
High Date 08/29/2024
Low 54.99
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 141.97
High Date 11/22/2021
Low 54.99
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.